If you are running a website, you might be looking for different ways to make money from your website. The good news is making money online is easy these days as you have lots of different options to monetize your blog. I have seen many bloggers who quit blogging midway because their approach was not good. They did not monetize their website properly. In this article, I will talk about different ways to make money from your website. The key point here is – Understand your website traffic and analyze it properly and then choose an effective way depending upon your website niche and the behavior of your visitors.
Below are some of the quick ways to make money from your website.
1) Join an Advertisement Network:
The easiest way to make extra money from your website is to join an advertising network and then show their ads on your blog. Choosing an ad network might be a tricky task. There are many ad networks available in the market based on CPM, CPC, In-text advertising, etc. Analyze and try different ad networks to see which turn out best for you.
CPM – You are paid according to the number of times the advertiser’s banner is displayed on your site. The amount you earn is typically calculated based on the number of thousand impressions of the banner (impressions = number of times the banner is displayed), often abbreviated CPM (cost per thousand, with the M being the Latin numeral for thousand). That is, $10 CPM means that you get paid $10 for 1,000 displays of the banner.
CPC – Under the CPC scheme, you are only paid when visitors click the advertiser’s banner on your site. The amount paid is usually higher than the pay-per-impression scheme. A high traffic site will probably enjoy a higher click rate than a lower traffic site although you will probably get better results if your banners are carefully selected to suit the target audience of your site. You can show ad banners above the fold, between posts to get maximum CTR.
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In-Text Advertising – In-text adverting networks like Infolinks will place sponsored links inside your text. These links come with a double underline or dashed underline to differentiate them from normal links, and once the user rolls the mouse over the link the advertising will pop. Should the user click on it the site owner will make some money.
2) Join an Affiliate Program
Affiliate Marketing is another efficient way to make money. This is a proven way of monetizing a blog and almost all bloggers start out this way. All you need to do is join an Affiliate program like ShareASale, Cuelinks, or vCommission and market their products and services on your site. This works on CPL and CPS basis. CPL is Cost Per Lead (Lead can be anything whether any visitor watches promoted videos, signs up to the merchant, complete one survey, etc). CPS is Cost Per Sale (Whenever your visitor makes a purchase you will receive a commission). Though it is difficult to get conversion once you promote any sale you get a high commission.
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3) Email Marketing
There are some bloggers who make money through email marketing. They do not advertise or sell any advertising products on their blog. They build an email list by collecting the email address of their visitors and readers and enable them to come up with a solid list of prospective buyers for whichever product you are promoting. You can build and manage lists using any of these, Once you have a large list you can send promotional emails to your email list and make money. But never bombard your readers with lots of emails. Send 1-2 weekly mail with offers you need to provide them with a link to a product or service you are selling.
4) Selling ad spaces on your website
You can also sell ad spaces from your website in order to make money fast online. You can always find advertisers under your website niche who are willing to promote their product on your website and in return pay you. You can either reach out to the other advertisers directly or you can make use of networking sites like BuySellAds and connect with the potential marketers. You can create a separate page where you can mention advertising space that you can provide along with charges that you want in return. For E.g. Start with an Introduction about you and your website what is it all about. Also, mention your website stats such as monthly visits and page views and provide sufficient information to advertisers. Then, at last, you can mention ad spaces that are available on your website such as –
728*90 — Header – $$$
468*60 — Below Post Title – $$$
300*250 – Sidebar – $$$
5) Selling your own products
You can always join an affiliate program and sell merchants’ products and services. But it will be good if you start selling your own products. It is more profitable and can help you to make money. If your website is about SEO or WordPress or Affiliate Marketing then you can create a “How To” e-book and sell it online through your website. Similarly, if your website is about cooking, create a cooking e-book. You can also sell physical products from your website. You just need to configure PayPal or any payment gateway to charge the fee for your products and services.
6) RSS Feed Ads
Website owners have started to find ways to monetize new content distribution channels such as RSS technology. FeedBurner already has its own publisher network, and you can sign-up to start money by displaying CPM-based advertising on your feed footer. Bidvertiser recently introduced an RSS feed ad option as well, with a PPC scheme.
7) Offering services to your readers:
Some of the services which most bloggers can offer to make money include – article writing, SEO services, blog designing, WordPress installation, and much more. If you have creative writing skills then you can start making e-books for other people at high rates.
8) Related posts
Selling related posts is a relatively new way of earning money. Instead of inter-linking your own related blog posts, you can link to paid posts. You can use a plugin such as Shareaholic which combines your own related posts with paid ones. Popular related post advertising companies are Disqus, Outbrain, Taboola, etc.
9) Start a Membership Program:
A membership program implies a paid forum where special contents are made available only for the members. You can set reasonable charges to let your visitors join as members of your forum and then provide additional facilities and services to them in return.
10) Paid Surveys and Polls
There are many companies that will help you to make money online fast to run a small survey or poll on your website. You can sign up with them, and select the kind of polls that you want to run your site. Most of these services operate under a CPM model. An example of such a service is Vizu Answers.
11) Writing Paid Reviews:
There are many companies who would readily send you free products for a review. You can write a review on their product or service and in return, those companies would pay you a decent sum to get their free product reviewed. You can also write sponsored posts on your website. It is somewhat similar to writing paid reviews but instead of writing a review, you need to use the name of their product in your post.
12) Creating a conference on the website
If your website takes off and becomes an authority on its niche, you could create a conference around it. Depending on the size of your audience, the event could attract thousands of people, and you could make money directly from conference passes and sponsors.
It may look weird but placing a “Donate” link or button on a website can be an efficient way to earn money, especially if your blog is a niche where readers learn and gain value from your content. There are many plugins available that enable you to insert a customized message at the bottom of each article, asking the readers to chip in for a beer or coffee.
14) Education programs
Education is one of the biggest industries in the world. People are willing to pay for someone or something that will teach them and give them knowledge. You can create an educational program related to the niche of your website. It will be a very profitable job and can earn you a handsome income.
15) Sell Your Website
If you have tried all the possible ways to make money from your website but are not able to get success with it, you can sell your website. You can use Flippa, We Buy Websites, FEinternational etc to bid and sell your website. Keep in mind that the most used parameter to determine the value of a website is the monthly revenue that it generates, multiplied by a certain number. So, the main problem with selling your site is deciding when to do it. If you sell it too soon, you might be earning less. If you sell it too late, you may receive less money than you like. The ideal situation is to sell when your website’s income stabilizes for a few months.
Do let me know if I could include any other best ways to make money free online. I will add that to this list. Do share your feedback and views on this 🙂
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